12/10/1931
https://www.presidency.ucsb.edu...
"Being fairly familiar with the sentiment of our Western States, I can at once refute the statement that the people of the West object to conservation of oil resources."
"I saw some suggestion that the Western States might resent conservation measures on oil."
"They know there is a limit to oil supplies, and that the time will come when the Nation will need this oil much more than it is needed now."
"It is expected that under the present contracts the South American airmail service will be in operation some time in April or May."